Industrial and Commercial Bank of China Reports 10% Increase in Q3 Net Profit

ICBC reported third-quarter 2026 net profit of 111.96 billion yuan ($16.81 billion), up 10% year over year and above analysts’ 104.00 billion yuan estimate. Net interest income rose 11% to 177.82 billion yuan, while gains on financial investments doubled to 19.78 billion yuan; net fee and commission income fell 3.4% to 23.045 billion yuan. Credit impairment losses increased to 23.91 billion yuan from 22.13 billion yuan a year earlier, while the nonperforming-loan ratio improved to 1.29% from 1.31% at the end of 2025.